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Nov 7, 2012
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america. i believe in the people of ameri america. [ applause ] and i ran for office because i'm concerned about america. this election is over. but our principles endure. i believe that the principles upon which this nation was founded are the only sure guide to a resurging economy and to
america. i believe in the people of ameri america. [ applause ] and i ran for office because i'm concerned about america. this election is over. but our principles endure. i believe that the principles upon which this nation was founded are the only sure guide to a resurging economy and to
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Nov 5, 2012
11/12
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scott, unveil the trade. >> i love bank of america. it's been my favorite stock for the past 12 months. but in april $10 was just a brick wall. i think the toughest thing to do as a trader is to add to a winner well. i want to do that in bank of america. earlier today i bought some call options. specifically i paid just over 50 cents for the jan $10 call options. what that means is my break even is higher than the stock has been in some time. but it's better than buying the stock. and if $10 is a problem, again, then that would be a pretty sickening ride down if i had doubled up on the stock. on the other hand, you know, my risk on these calls is just 50 cents. >> all right. there you have it, the trade of the day, bac. coming up in the next hour on "mad money," do not miss what cramer has to say before the polls open. then he has a exclusive with ceo of haines celestial. it's all top of the hour on "mad money." "fast" will be right back. >>> the country casts its votes tomorrow. but no matter who wins washington, you're still in charg
scott, unveil the trade. >> i love bank of america. it's been my favorite stock for the past 12 months. but in april $10 was just a brick wall. i think the toughest thing to do as a trader is to add to a winner well. i want to do that in bank of america. earlier today i bought some call options. specifically i paid just over 50 cents for the jan $10 call options. what that means is my break even is higher than the stock has been in some time. but it's better than buying the stock. and if...
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Nov 1, 2012
11/12
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>> america has done it. it put all that racial prnlg and history behind it by appointing him president. you don't have to do it again. and i think many people will look at it more broadly and say can we get the economy moving again. >> if you look at the unemployment rate, hispanics and blacks traditionally need to decide that he's worse off compared to the average population. so you'll vote for the person who gives you you the best prospe prospects. and many still think it's obama. >> i don't think it's about the economy stupid. that's too simplistic. just the same in europe, it's about jobs stupid. and it is about who is going to get you bigger prospect of a job tomorrow. who is going to give you the bigger prospect of keeping your job today. and that is what people will most be about. it's about jobs. >> will is one those that he felt he had to conquer. >> it is about big business. who else is going to employ? it's unbelievable. people are actually taxing the system rather than pandering to the system tha
>> america has done it. it put all that racial prnlg and history behind it by appointing him president. you don't have to do it again. and i think many people will look at it more broadly and say can we get the economy moving again. >> if you look at the unemployment rate, hispanics and blacks traditionally need to decide that he's worse off compared to the average population. so you'll vote for the person who gives you you the best prospe prospects. and many still think it's obama....
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Nov 19, 2012
11/12
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bank of america, you have been long bank of america in the past. the notion was the position improved recently and they expect a return of capital through dividends or buybacks. >> wouldn't be so shocking. they tried that a year ago and then we are unceremoniously dinged. it is more the dividend yield will be minimal. it is not about a dividend yield. this was a hobbled institution returning to health. i think the housing data today is good for bank of america. >> you will be inclined to get back in? >> i have been in since higher. i am in. and i think we'll see it next year. >> i think it is housing related and that is why these names are beta names. take a look at the november calls. 28,000 contracts. the calls themselves of the 100,000 total contracts on the calls side in bank of america today. they are going for the weeklies and they expect this stock to be well past the 9 1/2 level. >> moody is downgrading france's credit rating to a aa 1 from aaa. it is now down to a aa 1. we will monitor reaction we might see in the futures as well as the cu
bank of america, you have been long bank of america in the past. the notion was the position improved recently and they expect a return of capital through dividends or buybacks. >> wouldn't be so shocking. they tried that a year ago and then we are unceremoniously dinged. it is more the dividend yield will be minimal. it is not about a dividend yield. this was a hobbled institution returning to health. i think the housing data today is good for bank of america. >> you will be...
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Nov 12, 2012
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it is all of north america. these guys said we are talking from somewhere around 11 million barrels a day by 2010 they will add another 15 million barrels a day by 2020. i think it happens much faster, too. this is absolutely fact. >> do you play it with a high beta stock or do you play it with an ex on mobile? >> distribution. >> and it sounds like you are not going by nat gas use? >> i think nat gas will stay at probably under $4 as long as the futures market contains. all of that together should be wildly bullish. >> actually policy has no difference. we are down in terms of demand. >> is that part of the story as why we are energy dependent. it is also the fuel efficiency has helped. >> look at every automobile. the age is 10 1/2. every time we retire an old car that gets 20 miles to the gallon we are replacing it with a car that gets 28. >> that '68 camaro. >> it got 12. that was an efficient car in 1966. >> you guys both said distribution immediately. >> pipe producers are your guys. >> i don't know what t
it is all of north america. these guys said we are talking from somewhere around 11 million barrels a day by 2010 they will add another 15 million barrels a day by 2020. i think it happens much faster, too. this is absolutely fact. >> do you play it with a high beta stock or do you play it with an ex on mobile? >> distribution. >> and it sounds like you are not going by nat gas use? >> i think nat gas will stay at probably under $4 as long as the futures market contains....
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Nov 7, 2012
11/12
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bank corps, down 3.5% today, if you want to trade, bank of america helps on the upside, which i don't think we will be seeing a lot of in the foreseeable future. >> banks, like other sectors, live in this very bad place, they see huge gapes this year, people want to lock in the gains at 2012 tax rates and the dividend growth aspect that you mentioned, tim, essentially gone away. financials are like that pharma is like that telecom is like that. all in this category where there was dividend growth, dividend yield and big gains so far this year. >> particularly with the financeal, short xlf, shorted it a couple weeks back, such of a run-up in there too much for net interest margins declining, potential for regulatory issues, for the capital markets, business dying. so you get that and today with the elizabeth warren election that has every not be financial area wondering what is their business going to look like. had ubs to close down their investment banking division, fixed income area, really seeing this restructuring, not much where is a bank going to make money the next six months o
bank corps, down 3.5% today, if you want to trade, bank of america helps on the upside, which i don't think we will be seeing a lot of in the foreseeable future. >> banks, like other sectors, live in this very bad place, they see huge gapes this year, people want to lock in the gains at 2012 tax rates and the dividend growth aspect that you mentioned, tim, essentially gone away. financials are like that pharma is like that telecom is like that. all in this category where there was...
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Nov 14, 2012
11/12
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it is growing in north america and in emerging markets. and i think it will continue to grow over the next ten years. the valuation here is reasonbly attractive. we would be focusing now with the weakness on more cyclical businesses. we have been buying a great company based here in the u.s. its earnings are going to take a cyclical dip this year most likely as a result of europe. it has a great balance sheet and trading about ten times earnings. people are afraid to own it right now. >> we are going to leave it there. thanks for joining us. a name that dan had mentioned. >> we trade and talk about that from time to time. it had a nice run earlier this year. now it is trading 77.5. to me it seems it has a chance to trade to the lower 70s which i'm sure dan doesn't care about with a five-year time horizon. >>> let's move on here. the unrest in the middle east and the impact on oil prices. take a look at this incredible video from gaza. israel launched an a air strike. crude immediately spiked. where do you put this? we know there are tensio
it is growing in north america and in emerging markets. and i think it will continue to grow over the next ten years. the valuation here is reasonbly attractive. we would be focusing now with the weakness on more cyclical businesses. we have been buying a great company based here in the u.s. its earnings are going to take a cyclical dip this year most likely as a result of europe. it has a great balance sheet and trading about ten times earnings. people are afraid to own it right now. >>...
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Nov 8, 2012
11/12
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we can take advantage of the safe clean energy in america and grow businesses. we are seeing that as we come into the market. there have been a lot of signs over the last while that the administration is moving forward with regulations we don't think are positive because they don't -- they are duplicative over the regulation a lot of the states have. we can't afford to shut down or reduce our ability to develop this terrific resource by due police car if regulations that the states are already handling well. >> whether justified or not the stock seems to trade along with the price of match gas. today the stock made a 52-week low. is there anything you can do to tell the story better to the street or something you have to deal with? >> we're making a transition. we had a large offshore and international business and we have sold it. we produced # 2.5 billion cubic feet a day of natural gas. we have made great in-roads and we are in a transition period where we have some really exciting opportunities. we grew our u.s. on shore oil production year over year by 26%.
we can take advantage of the safe clean energy in america and grow businesses. we are seeing that as we come into the market. there have been a lot of signs over the last while that the administration is moving forward with regulations we don't think are positive because they don't -- they are duplicative over the regulation a lot of the states have. we can't afford to shut down or reduce our ability to develop this terrific resource by due police car if regulations that the states are already...
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Nov 27, 2012
11/12
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together with bank of america, they have access to more resources than ever before. a steadfast commitment to help you achieve your financial goals in life. that's the power of the right advisor. that's merrill lynch. when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. >>> some of the "fast money" traders saw it coming. a risk reward for a trade. looking for 20 bucks on the upside. i like yahoo here. >> going from 14.5 and now it is 16 and change. >> i think there is a floor under yahoo here. >> i think you are still all right buying the stock. >> yahoo is up 26% since the first call. what do you do? >> it is a little more difficult here. i still think the trade sets up on the long side. if you look it is interesting. yahoo is rallying on good
together with bank of america, they have access to more resources than ever before. a steadfast commitment to help you achieve your financial goals in life. that's the power of the right advisor. that's merrill lynch. when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars...
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Nov 28, 2012
11/12
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together with bank of america, they have access to more resources than ever before. a steadfast commitment to help you achieve your financial goals in life. that's the power of the right advisor. that's merrill lynch. >>> let's play with two stocks hitting new highs as well as new lows. cliffs natural resources falling to a 52-week low, the lowest level since october of 2009. grasso? >> first of all, i was long cliff, i sold it for a profit, but held on to a small piece. i'm still a hoper here. it's all based on iron ore. >> holder or hoper? >> both, radio igt? >> once you're a hoper, you're in trouble. if you look at iron ore, it's bottomed. does that equate to higher prices for cliff? not just yet, but i'm going to give it another couple of weeks. i think going into year end, december positive month for the market, i think i have a shot here. on a small sliver of what i'm holding. >> you're holding, but you're ready -- >> i'm a hoper, but if you're out there, i wouldn't be based on buying it now. i have a small profit, so i'm playing with the house's money. >>> let
together with bank of america, they have access to more resources than ever before. a steadfast commitment to help you achieve your financial goals in life. that's the power of the right advisor. that's merrill lynch. >>> let's play with two stocks hitting new highs as well as new lows. cliffs natural resources falling to a 52-week low, the lowest level since october of 2009. grasso? >> first of all, i was long cliff, i sold it for a profit, but held on to a small piece. i'm...
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Nov 1, 2012
11/12
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there was a lot of activity in bank of america. technology. microsoft and intel were the two active names. the rally surprised me, but i think it's encouraging it's different names leading us without the big leaders. >> more than 3% in the past two days, simon baker down here on the desk could call the trade last week, in fact. it's up more than 5% since that call was made. you're taking profits at this point? >> no, i think we're adding on -- they're really underestimated here, really strong product cycle going on here. it was a -- to develop this conference earlier this week, they gave out the tablets, the iphones, the feedback is really positive, they have 400,000 users compare that to 150,000 users on the iphone side. 1.5 million people a day are upgrading on windows 8. i think it's going to be a winner, it's long, and adding to opposition here. >> where are you on microsoft, because steve bomber, we found the developer's conference out. a lot of bullish updates, a lot of people who were operating to windows 8. we had this bullish morgan s
there was a lot of activity in bank of america. technology. microsoft and intel were the two active names. the rally surprised me, but i think it's encouraging it's different names leading us without the big leaders. >> more than 3% in the past two days, simon baker down here on the desk could call the trade last week, in fact. it's up more than 5% since that call was made. you're taking profits at this point? >> no, i think we're adding on -- they're really underestimated here,...
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Nov 26, 2012
11/12
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together with bank of america, they have access to more resources than ever before. a steadfast commitment to help you achieve your financial goals in life. that's the power of the right advisor. that's merrill lynch. to a currency market for everyone. the potential of fxcm unlocked. nyse euronext. unlocking the world's potential. the potential of yelp unlocked. nyse euronext. unlocking the world's potential. when we got married. i had three kids. and she became the full time mother of three. it was soccer, and ballet, and cheerleading, and baseball. those years were crazy. so, as we go into this next phase, you know, a big part of it for us is that there isn't anything on the schedule. >>> bust or fiction? warmer weather hurting sales of uggs. this has driven the stock price and valuation lower could be priming it for an acquisition. >> i don't think it is in play at the moment however i absolutely would not be sure about this thing. here is a company that is quite vulnerable. the whole board is up for an election every year. they are a delaware corp. if anyone want
together with bank of america, they have access to more resources than ever before. a steadfast commitment to help you achieve your financial goals in life. that's the power of the right advisor. that's merrill lynch. to a currency market for everyone. the potential of fxcm unlocked. nyse euronext. unlocking the world's potential. the potential of yelp unlocked. nyse euronext. unlocking the world's potential. when we got married. i had three kids. and she became the full time mother of three....
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Nov 2, 2012
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. >> you have to ask yourself is america on the road to greece. are we on the road to check crisis as you're seeing in europe and italy and spain and other parts of the world. >> we know what change looks like. and what the governor's offering sure ain't change. >> while the election campaign is back ork many american still struggling to get back to normal following super storm sandy. at least 98 people now confirmed dead, millions still without power on the northeast coast. rescue teams continue to search houses for victims. drivers face gasoline short annuals. the president's response may have gained him some votes. today's crucial nonfarm payroll report expected to show 125,000 jobs added in october, but the unemployment rate is seen ticking up to 7.9%. yesterday u.s. equity markets rallied. still to come on the show, rbs ups its ppi provisions and admits it may face fines for the libor manipulation scandal. we have an update. >>> we have a decline from september. the output index falling to 4 #.7 and this is the 15th month in a row that we've
. >> you have to ask yourself is america on the road to greece. are we on the road to check crisis as you're seeing in europe and italy and spain and other parts of the world. >> we know what change looks like. and what the governor's offering sure ain't change. >> while the election campaign is back ork many american still struggling to get back to normal following super storm sandy. at least 98 people now confirmed dead, millions still without power on the northeast coast....
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Nov 29, 2012
11/12
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together with bank of america, they have access to more resources than ever before. a steadfast commitment to help you achieve your financial goals in life. that's the power of the right advisor. that's merrill lynch. >>> let's get a market flash. supervalu plunging 18% after talks have stalled with potential buyer. the report went on to say lenders were concerned about the debt management. what do you think is going on? >> it is a very, very levered situation. i'm wondering if the debt markets are tightening up a little bit. we saw advanced auto parts, not as many bidders as people had hoped. i would not play this one. the short interest is gigantic. the balance sheet is terrible. somebody's going to make money. too dangerous. >> all right. sometimes it's tough to buy the losers and sell the winners. let's play a little hold 'em or fold 'em with two stocks hitting all-time highs. first up, lowe's. it's up more than 70% over a ten-year period. >> although i prefer home depot to lowe's because it has a history of outperforming lowe's, i think both will continue to cli
together with bank of america, they have access to more resources than ever before. a steadfast commitment to help you achieve your financial goals in life. that's the power of the right advisor. that's merrill lynch. >>> let's get a market flash. supervalu plunging 18% after talks have stalled with potential buyer. the report went on to say lenders were concerned about the debt management. what do you think is going on? >> it is a very, very levered situation. i'm wondering if...
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Nov 15, 2012
11/12
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america's favorite stock, in fact, down 25% from its entry day high set back on september 21st. karen puts in a buy of apple 500. >> which means it will close at 501 or something just to maximize the pain. but, i mean, you know, as portfolio management issue, it's just a question of how much are you willing to lose. doesn't matter what your original cost is, even if you still made money. the question is from tonight, from now. >> right. the question here is do we have to rewrite how we think about apple in terms of its valuation right now, or have we factored in too much. all the negative currents that have gone on lately, whether it be supply constraint issues, and the concern about moving into china, which morgan stanley says is probably going to happen next year anyway. >> we've danced around this. i understand people's affinity towards this. but i also understand that they make products, they're cool, and everybody wants them. some of those products are actually better than apple. i've been asked this question before and i don't know the answer to it. but when apple loses it
america's favorite stock, in fact, down 25% from its entry day high set back on september 21st. karen puts in a buy of apple 500. >> which means it will close at 501 or something just to maximize the pain. but, i mean, you know, as portfolio management issue, it's just a question of how much are you willing to lose. doesn't matter what your original cost is, even if you still made money. the question is from tonight, from now. >> right. the question here is do we have to rewrite how...
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Nov 21, 2012
11/12
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north america and canada are flat. between that, the inventories and the fact that china says they are cutting taxes on iron ore producers tells me it will be in supply again. i am worried about the resource trade that we have traded pretty well and define trade versus investment. to me it has been trades and decent for the last month and a half. i think it is still just a trade. deere to me says it is not time for the investment yet. i think we are cautious. >> to tim's point deere is catching up to what -- >> because i was mean to them. >> you deserve it. >> i can talk over that. >> i shouldn't have done your makeup either. >> by the way folks at home melissa lee did all of our makeup. >> i don't think they heard you. >>> let's head to break. the show rooming effect. bricks and mortars biggest nightmare. guy did on the ground research and he is revealing his results. it could be the biggest battle of his holiday season talking about the tablet wars. [ male announcer ] this december, remember -- you can stay in and li
north america and canada are flat. between that, the inventories and the fact that china says they are cutting taxes on iron ore producers tells me it will be in supply again. i am worried about the resource trade that we have traded pretty well and define trade versus investment. to me it has been trades and decent for the last month and a half. i think it is still just a trade. deere to me says it is not time for the investment yet. i think we are cautious. >> to tim's point deere is...
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Nov 14, 2012
11/12
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bank america, capital one, jpmorgan. bank america has a book value that's a little over $20 a share. we think they can earn 10% on that book within a couple of years. and without great growth opportunities in the economy, we think most of that $2 a share will be coming back to shareholders, both as dividends and share repurchase. >> you have a good amount of money under management, $11 billion. how worried are you about the fiscal cliff? do you watch what happened in the market last week and we're down yet again today and almost at the lows of the day? >> to us we think about a much longer time horizon than that. it's a good year for the market. mid-teens, rates of returns. i think five years from now it will be unlikely we'll be talking about what happened in the fiscal cliff in 2013. i think there's plenty of room for compromise. have you one side saying they want higher taxes and one side saying they don't want higher rates. to me, that sounds like a bowles/simpson kind of compromise. >> you have a great track record
bank america, capital one, jpmorgan. bank america has a book value that's a little over $20 a share. we think they can earn 10% on that book within a couple of years. and without great growth opportunities in the economy, we think most of that $2 a share will be coming back to shareholders, both as dividends and share repurchase. >> you have a good amount of money under management, $11 billion. how worried are you about the fiscal cliff? do you watch what happened in the market last week...
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Nov 7, 2012
11/12
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america's natural gas... putting us in control of our energy future, now. is an awesome place to be. introducing the all-new 2013 chevrolet malibu eco. ♪ sophisticated new styling, the fuel-saving intelligence of eassist, 37 mpg highway, and up to 580 highway miles on a single tank of gas. ♪ the all-new 2013 chevrolet malibu eco. ♪ it has everything to put you in the malibu state of mind no matter what state you live in. ♪ >>> welcome back to "fast money halftime report." we have hmos that have returned to facing more regulation even in the medicaid space they are likely to take up a lot more business if obama care does move forward. take a look at hospitals. hospitals were under pressure. today they are rallying because they do face better reimbursement but the interesting thing is, they do face a big problem if we do end up having to have those cuts because of the fiscal cliff. >> yeah. but good point, bertha. thanks so much. let's see what you think about hmos and hospitals. >> i like the hospitals. and i'll tell you why. my brother is a doctor a
america's natural gas... putting us in control of our energy future, now. is an awesome place to be. introducing the all-new 2013 chevrolet malibu eco. ♪ sophisticated new styling, the fuel-saving intelligence of eassist, 37 mpg highway, and up to 580 highway miles on a single tank of gas. ♪ the all-new 2013 chevrolet malibu eco. ♪ it has everything to put you in the malibu state of mind no matter what state you live in. ♪ >>> welcome back to "fast money halftime...
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Nov 19, 2012
11/12
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bank of america biggest percentage gain other the dow. leading financials higher. >> josh brown, buyer here? >> no. i actually on a technicality base list tell you that $10, can clear there with conviction, meaning high volume, and then retest and stay above. that's a really -- safe entry point to buy for a short term trade. under ten, i still there are there are too many sellers and your way. i would wait for that confirmation and think it is worth it. >> are you positive on any of the banks? you are negative on the overall market a little bit. >> we like -- we like and we are long. berkshire hathaway which is the largest holdser of wells fargo and very heavily leveraged to the at the same time thing most of the banks are. home building and mortgages. we would prefer to play through the b shares of berkshire than owning any of these banks outright. especially something toxic like a bac that we just, franklying don't know what's there. >> housing recovery that we got more evidence of today? >> yes. i can get the same exposure through buff
bank of america biggest percentage gain other the dow. leading financials higher. >> josh brown, buyer here? >> no. i actually on a technicality base list tell you that $10, can clear there with conviction, meaning high volume, and then retest and stay above. that's a really -- safe entry point to buy for a short term trade. under ten, i still there are there are too many sellers and your way. i would wait for that confirmation and think it is worth it. >> are you positive on...
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Nov 29, 2012
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>> this is what i like to call corporate america's dirty little secret. "the wall street journal" got the buzz going with a great series start. it started yesterday, following through today, pointing out the so-called 10351 plans. these are plans you put in place if you're going to sell shares over a specific period of time. >> we always talk about these. we have an executive on. why did you sell stock last week in this company? he'll say it was because we had a set plan in place. >> i do a story. i'd be working on some project. somebody would say see the selling by this ceo? i'd go back and look and see there was regular selling. i would just sit back. but then i would talk to the guys who are really in the insider selling business. they'd always say, no, no, no, no, no. you got to look at these 10b-5 plans because they can be put in and pulled out at the whim of the executive. >> they can be manipulated. >> or what appears to be manipulated. that's what's wonderful ability this journal piece. two things it says i think we have to focus on. one you can s
>> this is what i like to call corporate america's dirty little secret. "the wall street journal" got the buzz going with a great series start. it started yesterday, following through today, pointing out the so-called 10351 plans. these are plans you put in place if you're going to sell shares over a specific period of time. >> we always talk about these. we have an executive on. why did you sell stock last week in this company? he'll say it was because we had a set plan...
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Nov 5, 2012
11/12
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america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. >>> big week ahead in the currency markets as traders eye the u.s. elections. chinese leadership change, an important budget vote in greece. joining us to break it down, andy bush. the euro levels we haven't seen in two months. getting hit pretty hard. this has do with greece and the big austerity vote? >> yeah. you can start with there's about four, five things they are creating uncertainty in the security markets. merkel's comments saying the crisis is a five-year adventure basically startled everybody. then we've got these greek votes that are coming up. >> i thought merkel sound optimistic. >> she may have been. who knows? five years. who knows? but the last thing i'd throw out there is the presidential elections get about five or six negative scenarios that you could easily imagine, none of which are good and aren't helping either the euro or risk-on trading. >> what are your levels at this point? whatry tradeing? >> i've been coming on your show for a
america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. >>> big week ahead in the currency markets as traders eye the u.s. elections. chinese leadership change, an important budget vote in greece. joining us to break it down, andy bush. the euro levels we haven't seen in two months. getting hit pretty hard. this has do with greece and the big austerity vote? >> yeah. you can start with there's about four, five things they are...
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Nov 12, 2012
11/12
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to corporate america. and if you think about it, what they do really fits in well with what we do in competitive environments. financial services, construction services, financial news. we're all in highly competitive environments. to bring in a military veteran who has the structure, the discipline, the team work, the leadership skills that they learned in the military, bring them over to the corporate side, the private sector side, getting them to understand how well they could fit in and getting corporations to understand how to utilize best those skills to enhance their own company, i think we all win under that scenario. >> phil, give us your view on the markets. all right? it's something we obviously here talk about every day. we're watching the fiscal cliff looming out there. how do you feel? >> well, i think -- we talk about veterans. we're that close to veterans day. we talk about the market. the academy looks at what these returning veterans have done for us in our history. look at the world war
to corporate america. and if you think about it, what they do really fits in well with what we do in competitive environments. financial services, construction services, financial news. we're all in highly competitive environments. to bring in a military veteran who has the structure, the discipline, the team work, the leadership skills that they learned in the military, bring them over to the corporate side, the private sector side, getting them to understand how well they could fit in and...
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Nov 28, 2012
11/12
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of next year, starting january 1st, every family in america will see their taxes go up. are a typical middle-class family of four would so its income taxes go up by $2200. $2200 out of people's pockets. that means less money for buying groceries, less money for filling prescriptions, less money for buying diapers. it means a tougher choice between paying the rent and paying tuition and middle-class families can't afford that. by the way, businesses can't afford it, either. yesterday i sat down with small business owners who stressed this point, that economists predict if taxes go up on the middle class next week consumers will spend nearly $200 billion less on things like cars, clothes and furniture. that obviously means fewer customers. that cuts into business profits. that makes businesses less likely to invest and hire, which means fewer jobs, and that can drab our entire economy down. the good news is there's a better option. right now, as we speak, congress can pass a law that would prevent a tax high on the first $250,000 of everybody's income. everybody's. that me
of next year, starting january 1st, every family in america will see their taxes go up. are a typical middle-class family of four would so its income taxes go up by $2200. $2200 out of people's pockets. that means less money for buying groceries, less money for filling prescriptions, less money for buying diapers. it means a tougher choice between paying the rent and paying tuition and middle-class families can't afford that. by the way, businesses can't afford it, either. yesterday i sat down...
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Nov 2, 2012
11/12
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you look at the xlf, bank of america stuck out. they were buying options that expire today at 4:00 eastern time, they expire today. they were buying those options just yesterday in front of the number. they got their move. they were trading for a nickel today. they traded over 40 cents. we know there's a lot of luck enough. if you were lucky enough to catch some of that move, you wanted to take some of that off. there are enough uncertainties out there when you look to next week that i think certainly a lot people want to at least take off some of their risk right now. the volatility is back down to the lower end. we were just up above 18. here we are back below 17 and just hovering in that area. >> guys, steve, thanks so much. >> i just don't think the growth is strong enough to be able to get these guys to say i'm going to trade upside on the economy before i know the impact of sandy. we've had somewhat stronger growth, not enough to make you feel good about a position. >> thanks so much. coming up, our top three trades including
you look at the xlf, bank of america stuck out. they were buying options that expire today at 4:00 eastern time, they expire today. they were buying those options just yesterday in front of the number. they got their move. they were trading for a nickel today. they traded over 40 cents. we know there's a lot of luck enough. if you were lucky enough to catch some of that move, you wanted to take some of that off. there are enough uncertainties out there when you look to next week that i think...
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Nov 30, 2012
11/12
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also mentioned china and latin america as areas where he thinks there is tremendous growth. talked about some bottoming in china perhaps. that is why i look at some of the coal names today. they started off strong even when the market was weaker. they were in front of the market and have continued. walter energy is one of them. december 32 1/2 calls extremely active. there is always chatter around this name. i just say at least keep an eye on it. the name has been beaten down and now here it is up back up above 30 bucks a share. >> let's keep the names rolling in midday trading now. we'll start with you pete again with fif any. >> there are a lot of different factors with tiffany. this is day two of tiffany pulling back. absolutely got slaughtered yesterday. you look at tiffany and you still have a lot of hurdles in front of them. their cost of gold, the metals and the diamonds all a factor. i don't think it's time yet. i think at some point a feuds lower. >> big dropper. >> big dropper. typically they've got it from the government. they are the ones who give you the interne
also mentioned china and latin america as areas where he thinks there is tremendous growth. talked about some bottoming in china perhaps. that is why i look at some of the coal names today. they started off strong even when the market was weaker. they were in front of the market and have continued. walter energy is one of them. december 32 1/2 calls extremely active. there is always chatter around this name. i just say at least keep an eye on it. the name has been beaten down and now here it is...
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Nov 8, 2012
11/12
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america's natural gas... putting us in control of our energy future, now. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm right there. tdd#: 1-800-345-2550 and i'm in total control because i can trade tdd#: 1-800-345-2550 directly online in 12 markets in their local currencies. tdd#: 1-800-345-2550 i use their global research to get an edge. tdd#: 1-800-345-2550 their equity ratings show me how schwab tdd#: 1-800-345-2550 rates specific foreign stocks tdd#: 1-800-345-2550 based on things like fundamentals, momentum and risk. tdd#: 1-800-345-2550 and i also have access to independent tdd#: 1-800-345-2550 firms like ned davis research tdd#: 1-800-345-2550 and economist intelligence unit. tdd#: 1-800-345-2550 plus, i can talk to their global specialists 24/7. tdd#: 1-800-345-2550 and trade in my global account commission-free tdd
america's natural gas... putting us in control of our energy future, now. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm right there. tdd#: 1-800-345-2550 and i'm in total control because i can trade tdd#: 1-800-345-2550 directly online in 12 markets in their...
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Nov 6, 2012
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bank of america saying today that it trades at a 30% dis count to the five-year average. a pop out of the stock today. >> i'm looking at letter x as well. that's u.s. steel. up five and a third percent. ubs adding to the alpha most preferred list. time to get in there. >> this is a high quality company in a tough industry. a lot of news that impacts this thing comes from oversaes. this is the thing where you want to look at technicals more than anything else. we know the fundamentals aren't great. 23 and change. 23 and a quarter. that's a really important level. i would not be a buyer until it can break above that and hold. if it retests that level after busting through this is good for a five or six-point breakout but not until. >> big moves on wall street today as americans go to the polls. which candidate will be better for wall street and your money is this harold ford was a five-term democratic congressman and now a managing director at morgan stanley. anthony scaramucci is one of mitt romney's national finance chairs. good to have you with us. how do we counter clai
bank of america saying today that it trades at a 30% dis count to the five-year average. a pop out of the stock today. >> i'm looking at letter x as well. that's u.s. steel. up five and a third percent. ubs adding to the alpha most preferred list. time to get in there. >> this is a high quality company in a tough industry. a lot of news that impacts this thing comes from oversaes. this is the thing where you want to look at technicals more than anything else. we know the...
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Nov 21, 2012
11/12
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country relative to the demographic, it's as if we're building homes for a 19th century population of america. i don't know where kids are living these days. i think if you guys haven't already, the best trade of all has been the fu ton couch trade because that's where people have to be living these days. the other thing that's interesting to me is when, if anything was sort of new yesterday with bernanke saying that you know what? no matter what happens, even with a fiscal cliff deal, the government is going to be a drag on growth next year and i think it's a housing federal government balancing act where you may get a percentage point from the housing, but you may get a percentage point off from the federal side even if you get a fiscal cliff deal. >> where would you be then investing next year? where would you urge people to invest based on your outlook and the comments you just made on housing? >> well, i would continue to focus on the growth areas. foorm suit cals and text message. you've had a hit here in the correction after the election. and you've got some of these things, they were
country relative to the demographic, it's as if we're building homes for a 19th century population of america. i don't know where kids are living these days. i think if you guys haven't already, the best trade of all has been the fu ton couch trade because that's where people have to be living these days. the other thing that's interesting to me is when, if anything was sort of new yesterday with bernanke saying that you know what? no matter what happens, even with a fiscal cliff deal, the...
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Nov 26, 2012
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. >>> and later, citi initiates coverage on america's favorite stock, apple with three separate analysts. they'll all join us exclusively to dissect the tech giant. with the fidelity stock screener, you can try strategies from independent experts and see what criteria they use. such as a 5% yield on dividend-paying stocks. then you can customize the strategies and narrow down to exactly those stocks you want to follow. i'm mark allen of fidelity investments. the expert strategies feature is one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. >>> after hitting the malls to kick off the holiday shopping season on black friday, millions more are buying from their computer screens today. our courtney reagan has an update on how cyber monday looks thus far. and it's not like they weren't spending a lot on black friday online either. >> i know, isn't that the truth? the black friday weekend was a success. like you mentioned, had nearly half of all shoppers at least scoured the web on friday. more than $1 billion was spent online
. >>> and later, citi initiates coverage on america's favorite stock, apple with three separate analysts. they'll all join us exclusively to dissect the tech giant. with the fidelity stock screener, you can try strategies from independent experts and see what criteria they use. such as a 5% yield on dividend-paying stocks. then you can customize the strategies and narrow down to exactly those stocks you want to follow. i'm mark allen of fidelity investments. the expert strategies...
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Nov 1, 2012
11/12
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we're going hear from the ceo of ing of the americas. he's going to talk among other things about the wisdom of going ahead with the new york city marathon this weekend. pain at the pump. we will track the path of gasoline from the refineries through the terminals to the stations and show you where the real problems are. and what the port of new orleans would tell the port of new york and new jersey about getting back into business after a major storm. scott, back to you. >> thanks so much. we'll see you at the top of the hour. in about 12 minutes time or so. we have been watching the markets today rally quite substantially. the dow's up more than 1%, having its best gain in seven weeks and industrials, one of those groups leading things higher today largely on the back of better economic data out of china, giving a nice lift to caterpillar today, up 2.5%. you can see some other names on the board today having a good session. ibm, chevron and 3m. we continue to follow the story of pain at the pump in this gas crisis we're seeing in the n
we're going hear from the ceo of ing of the americas. he's going to talk among other things about the wisdom of going ahead with the new york city marathon this weekend. pain at the pump. we will track the path of gasoline from the refineries through the terminals to the stations and show you where the real problems are. and what the port of new orleans would tell the port of new york and new jersey about getting back into business after a major storm. scott, back to you. >> thanks so...
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Nov 20, 2012
11/12
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are you saying you're suddenly negative on america's most valuable company, loved by everybody and owned by many of the people you speak to on a regular basis who run some of the biggest money on the street? >> not at ul. i like the stock. i don't own it. i think it is a very, very cheap stock. i agree with joe. >> the fed chairman is speaking now in new york. let's go to steve liesman. >> scott, thanks so much. ben bernanke speaking to the economic club of new york made some strong comments on the fiscal cliff and some interesting comments on the economy. let's talk about the fiscal cliff first, he's saying the congress and administration need to quote protect the economy from the full effects of the fiscal cliff. he's saying it poses a substantial threat to the recovery. quote saying it will likely cause a recession if it hits in full force. the budget situation by affecting private sending the already hurting the economy according to the fed chairman. he's urging also, not just solving the fiscal cliff problem, but raising the debt ceiling, saying a catastrophic default of the nation'
are you saying you're suddenly negative on america's most valuable company, loved by everybody and owned by many of the people you speak to on a regular basis who run some of the biggest money on the street? >> not at ul. i like the stock. i don't own it. i think it is a very, very cheap stock. i agree with joe. >> the fed chairman is speaking now in new york. let's go to steve liesman. >> scott, thanks so much. ben bernanke speaking to the economic club of new york made some...
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Nov 16, 2012
11/12
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is there be the tom in sight for america's most valuable company and amazon's valuation is steep and a key business doesn't make money but is there reasons to be bullish on that guy? we're watching the price of oil as tensions rise in the middle east and the fire engulfs a rig off the l la coast. with the fidelity stock screener, you can try strategies from independent experts and see what criteria they use. such as a 5% yield on dividend-paying stocks. then you can customize the strategies and narrow down to exactly those stocks you want to follow. i'm mark allen of fidelity investments. the expert strategies feature is one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. well, if itmr. margin?margin. don't be modest, bob. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question. it takes a long time to pack a bowling ball. the last guy pitched more ball packers. but you... you consulted ups. you found a better way. that's logistics. that's margin. find out
is there be the tom in sight for america's most valuable company and amazon's valuation is steep and a key business doesn't make money but is there reasons to be bullish on that guy? we're watching the price of oil as tensions rise in the middle east and the fire engulfs a rig off the l la coast. with the fidelity stock screener, you can try strategies from independent experts and see what criteria they use. such as a 5% yield on dividend-paying stocks. then you can customize the strategies and...